Merger & Acquisition

The tech giant, Google has acquired Seattle-based health monitoring startup Senosis Health. Founded by Indian-origin Professor Shwetak Patel along with four others, Senosis Health turns smartphones into medical devices and collects various health stats. Financial details of the acquisition remain undisclosed.According to

Hike Messenger, a cross-platform instant messaging service for smartphones from India, on Friday announced the acquisition of Bengaluru-based startup Creo, a smartphone and media streaming technology startup Creo.Notably, Creo was IndianWeb2's pick for 2016's most innovative startups from Bengaluru.The startup which has, last year, launched...

There used to be a time when the acquisition of tech companies was in trend. Techpreneurs, use to start their venture with the motive to sell it for million or billion dollars. But today story is altogether different. As per the report by TechCrunch, just...

The great Indian-ecommerce merger talks between Flipkart and Snapdeal came to a tragic end this week when the Snapdeal board rejected Flipkart's second buyout offer of $950 million. People in the sector who were waiting for what would have been the biggest consolidation in the Indian e-commerce...

If you're waiting for the Snapdeal-Flipkart merger to take place with bated breath, then there is a good chance that you might just run out of air. According to latest developments, the merger is most likely to fall apart as a crucial meeting between the representatives of the two...

INVECAS, a leading provider of silicon proven IP Solutions and ASIC Design Services optimized for Advanced Process Technologies, Embedded Software and System-level Solutions headquartered in Santa Clara, CA, today announced that it has signed a definitive agreement, pursuant to which INVECAS will acquire...

Here comes the another development from the Snapdeal’s digital payments platform, FreeCharge. According to the media sources, FreeCharge employees are being given a six-month retention bonus. Recently, IndianWeb2 reported that Snapdeal board has given a green signal for FreeCharge sale to Axis Bank for Rs...

Troubled ecommerce company, Snapdeal has finally made up its mind to sell its digital payments platform, FreeCharge to country's third-largest private sector lender, Axis Bank, according to a report in the Economic Times (ET).The sale marks the end of a two year long process where numerous...

Social networking giant Facebook which recently celebrated having 2 billion monthly users has decided to take the matter of piracy on its platform very seriously. The Mark Zuckerberg led firm recently acquired US-based startup Source3 to help the tech giant in its battle against pirated content on its social...

According to latest development in the FreeCharge acquisition trail, global ecommerce giant Amazon has made a $70-$80 million (Rs 466 crore- Rs 532 crore) bid to acquire the digital payments platform owned by troubled e-commerce marketplace Snapdeal. The news comes on the heals of buzzing rumours that the Gurugram-based...